Saturday, September 22, 2012
Cashew price declines on subdued demand
Sufficient stocks position following increased arrivals from producing belts also weighed on the cashew prices.
Cashew kernel (No 180, 210, 240 and 230) prices fell by Rs 5 each to settled at Rs 690-720, Rs 660-670, Rs 590-600 and Rs 510-550 per kg, respectively.
Marketmen said fall in demand from retailers and stockists against adequate stocks, mainly led to the fall in cashew kernel prices in the wholesale dry fruit market here. The following are today's quotations (per 40 kg): Almond (California) Rs 12,300 Almond (Gurbandi-new) Rs 6,500-7,300; Almond (Girdhi) Rs 3,100-3,400; Abjosh Afghani Rs 7,000-18,000.
Almond Kernel (California) Rs 420-440 per kg, Almond Kernel (Gurbandi-new) Rs 350-420 per kg.
Source: http://www.indianexpress.com/news/cashew-price-declines-on-subdued-demand/1005921/
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